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Will 7.5 GW Green Energy Auction Be a Game-Changer for Philippines?

The Philippines’ Department of Energy (DOE) announced on Tuesday the successful completion of the 3rd Green Energy Auction (GEA-3), offering 7,500 megawatts (MW)—well above the 4,650 MW installation target. The auction aligns with President Ferdinand Marcos Jr.’s energy agenda, aimed at accelerating the shift to renewable energy (RE) and strengthening the country’s energy security and […]

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Waaree RTL Gets 40 MWh BESS Order From Continuum Green Energy

Waaree Renewable Technology (Warree RTL) has secured a Letter of Award (LOA) for an EPC work order for a 40 MWh battery storage system from Continuum Green Energy Limited. The company disclosed the project order size in a regulatory filing, which said, “The project order size is approximately INR 40 Cr.” Additionally, the company mentioned, […]

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Government Confirms 25 GW Solar Cell Capacity Among Nine Firms In India

India at present has around 25 GW of installed solar PV cell manufacturing capacity, according to the Solar PV Manufacturers Associations, the All India Solar Industries Association (AISIA) and the North India Module Manufacturer Association (NIMMA). The data was shared by  Pralhad Joshi, the minister of New and Renewable Energy And Consumer Affairs & Food […]

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Clean Energy Financing: Are We Investing Enough?

Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […]

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Solar Finance Specialist

Reporting to the Chief of Resource Mobilisation or a designated officer, you will provide essential support across our business clusters. Your primary responsibility will be to review, develop, and deploy financing strategies for renewable energy, aligning with the ISA’s mission to lead the energy transition through its member states. In this role, you will lead […]

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APTEL Withholds KERC Order On Incremental Solar Tariff

The Appellate Tribunal For Electricity (APTEL) in a recent judgment dismissed a petition by a Karnataka discom to not allow incremental tariff to compensate a solar energy generator on account of ‘change of law’ events. The petitioner Hubli Electricity Supply Company Limited (HESCOM) had earlier moved APTEL seeing its intervention against an impuged order of […]

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Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF

A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […]

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CtrlS Datacenters Unveils Captive Solar Farm — GreenVolt1

CtrlS Datacenters Ltd, a data center operator, unveiled its captive solar farm, GreenVolt 1, in India. Phase I, with a capacity of 62.5 MWp, went live in June 2024, while Phase II, with an additional capacity of 62.5 MWp, is under implementation. CtrlS has spent over a year in R&D optimizing the project and complying […]

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Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs

Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […]

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